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12:40 PM ET, January 12, 2024

memeorandum

 Top Items: 
Michael Kruse / Politico:
‘This to Him Is the Grand Finale’: Donald Trump's 50-Year Mission to Discredit the Justice System  —  The former president is in unparalleled legal peril, but he has mastered the ability to grind down the legal system to his advantage.  It's already changing our democracy.
RELATED:
Politico:
Trump's latest about-face: He now says 2020 election was ‘long over’  —  It's a new piece of rhetoric that Trump hopes will help him win immunity from his criminal charges.  —  In the months after the 2020 election, Donald Trump leaned on his campaign to launch ad blitzes and legal challenges …
Washington Post:
Trump assails his fraud trial in courtroom speech as case winds down
Greg Sargent / New Republic:
Elise Stefanik's Ugly “Hostages” Barb Points to Serious GOP Mayhem Ahead  —  GOP Representative Elise Stefanik no doubt thought it was shrewd to describe the rioters who attacked the Capitol as “January 6 hostages.”  This sort of talk hits a sweet trifecta for a GOP leader with seemingly limitless ambition.
Discussion: Raw Story
RELATED:
David French / New York Times:
The Greatest Threat Posed by Trump  —  If Donald Trump storms through Iowa and easily seizes the G.O.P. nomination, as presumed, and then goes on to win back the presidency, his victory will trigger a wild political and legal melee.  The primary motivating purpose of his campaign is vengeance.
Discussion: The Bulwark and Forbes
Sophia Cai / Axios:
How MAGA pastors boost Trump's campaign
Discussion: New York Times and Raw Story
Paul Kane / Washington Post:
Jan. 6 ‘hostage’ comments fuel House GOP divisions in tough election year
Discussion: CBS News and Blue Virginia
Michael Schaffer / Politico:
Dean Phillips: I'm Being Blackballed — and It's Joe Biden's Fault  —  What the Minnesota Rep's unsurprising media struggles say about our news ecosystem.  —  “I'm appalled,” fumes U.S. Rep. and presidential hopeful Dean Phillips.  “I'm disappointed.  I'm disgusted that professionals …
RELATED:
Richard Rubin / Wall Street Journal:
$6 Trillion in Taxes Are at Stake in This Year's Elections
Julia Johnson / Washington Examiner:
No Labels has 13 contenders for ticket against Biden and Trump
Discussion: Associated Press
Associated Press:
US, British militaries launch massive retaliatory strike against Iranian-backed Houthis in Yemen  —  The U.S. and British militaries bombed more than a dozen sites used by the Iranian-backed Houthis in Yemen on Thursday, in a massive retaliatory strike using warship- and submarine-launched Tomahawk missiles …
RELATED:
Politico:
Inside Biden's decision to strike the Houthis  —  The administration had been under pressure to respond to the Iran-backed attacks.  —  President Joe Biden was still on his holiday getaway in St. Croix when he spoke with his national security team on the first morning of 2024.
The White House:
Statement from President Joe Biden on Coalition Strikes in Houthi-Controlled Areas in Yemen  —  Today, at my direction, U.S. military forces—together with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands—successfully conducted strikes against a number …
Faisal Islam / BBC:
US and UK launch strikes against Houthi militants in Yemen
The White House:
Statement from President Joe Biden on Early Student Debt Cancellation for Borrowers Enrolled in SAVE  —  From Day One of my Administration, I vowed to fix the student loan system and make sure higher education is a pathway to the middle class - not a barrier to opportunity.
RELATED:
Cory Turner / NPR:
Education Dept. fast-tracks forgiveness for borrowers with smaller student loans
RELATED:
Casey Newton / Platformer:
Why Platformer is leaving Substack  —  After much consideration, we have decided to move Platformer off of Substack.  Over the next few days, the publication will migrate to a new website powered by the nonprofit, open-source publishing platform Ghost.  If you already subscribe to Platformer …
Megan K. Stack / New York Times:
Don't Turn Away From the Charges of Genocide Against Israel  —  With the question of whether Israel is committing genocide in Gaza now before the International Court of Justice, the Biden administration has struck a tone of glib dismissal.  —  “Meritless” seems to be the agreed-upon term among U.S. officials.
Politico:
Johnson confronts biggest test yet: Whether to walk away from his own funding deal  —  Conservatives are pushing him to renege.  Most of the rest of his party wants him to stand firm.  Whichever path he chooses carries real risks.  —  Speaker Mike Johnson's grip on his fractious conference slipped …
Washington Post:
The AMA wants a Medicare cut reversed - and lawmakers to stay out of care  —  Good morning.  I'm Julie Rovner, chief Washington correspondent at KFF Health News and host of its weekly news podcast, “What the Health?”  Listen here or wherever you get your podcasts, and send tips to JulieR@kff.org.
Discussion: GovExec.com
Ryan Lizza / Politico:
Joe Biden Called David Axelrod a ‘Prick.’ It Won't Shut Him Up.  —  A Q&A with the former Obama strategist who's not afraid to critique the Biden campaign.  —  David Axelrod recently got a gift in the mail.  —  It was a box of political pins that captured the unique role …
 
 
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 More Items: 
Jeffrey M. Jones / Gallup:
Independent Party ID Tied for High; Democratic ID at New Low
Discussion: Axios and The Hill
Andrew Keshner / MarketWatch:
IRS has already collected more than $500 million in back taxes from delinquent millionaires
Discussion: Reuters, NBC News and Political Wire
NBC News:
Smaller events, fewer ties — Biden is heeding advice to loosen up
Melanie Mason / Politico:
Schiff would abolish filibuster, end the Electoral College in his pro-democracy plan
Discussion: Los Angeles Times
Associated Press:
Former Maryland Gov. Larry Hogan steps down from No Labels' board in a possible sign of a 2024 bid
 Earlier Items: 
Zane McNeill / Truthout:
Florida Bill Could Lead to a $35,000 Fine for Accusing Someone of Racism
Discussion: LGBTQ Nation and Raw Story
Doug G Ware / Stars & Stripes:
More than $1B in US military aid to Ukraine not properly tracked by Pentagon, DOD audit finds
William Bredderman / The Daily Beast:
Court Docs Link Trump Jr. and Navarro to Chinese Financier
Discussion: Raw Story
Daniella Silva / NBC News:
Ohio woman who miscarried at home will not be criminally charged, grand jury says
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Thoughts on Apple TV's history and future; sources: Apple postponed a larger-than-usual number of iOS 19 features to spring 2026, when iOS 19.4 is set to debut

Wall Street Journal:
Sources: in the past year, Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake; Cantor holds most of Tether's $134B in assets

Aya Wagatsuma / Bloomberg:
Shares of Japan's Fujikura, which specializes in fiber optic cables for data centers, are up 400%+ in 2024 due to the AI boom, leading the Nikkei 225 index

 
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